Health Savings Account (HSA)

A Health Savings Account is a tax-exempt trust or custodial account that you set up with a qualified HSA trustee to pay or reimburse certain medical expenses for you and your family.

HSA at NCU: Save for your family's qualified medical expenses

Save for your family's qualified medical expenses

HSA at NCU: Earn Competitive Dividend Rates

Earn competitive dividend rates

HSA Dividend Compounds and Credits Monthly.

Dividend compounds and credits monthly

Enjoy our HSA Debit Card With No Monthly Fee

Debit card with no monthly fee

HSA's with Northwoods Credit Union: Enjoy Free Online Banking and Bill Pay New

Free online banking and bill pay

HSA with Northwoods Credit Union: HSA Tax Deductible Contributions

Tax-deductible contributions

Opening an HSA:  Fee To Open

$25 fee to open

HSA at Northwoods Credit Union:  Annual Fee After First Year New

$12 annual fee (after first year)

Must be covered under a high deductible health plan (HDHP). Must not have other health coverage except what is permitted by the IRS. Can’t be enrolled in Medicare. Consult a tax consultant for info regarding tax deductibility of HSA contributions.

Competitive Dividends

A Health Savings Account (HSA) will earn competitive dividends that work towards paying for your health care. Contact us to set up this important account today.


Contact us for more information about Health Savings Accounts and how to apply today!